50%
Increase in online sales between Feb 2020 and Apr 2020 reported by Inditex, the Spanish clothing giant that owns Zara and by 95% in Apr alone. The increases was recorded even as it shuttered the vast majority of its stores. Nonetheless, overall sales were still down, leading to a loss of €409m ($448m).
Last Modified: 12-Jun-2020 8:17 AM
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Posted by Numerical Team in Business & Industry
Source The Economist Espresso